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Pequot Lakes, MN Housing

 
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As of 2006-2010, median price of a house in Pequot Lakes is $170,200, which is lower than the state average of $194,300 and is lower than the national average of $179,900. The Pequot Lakes median house value has grown by 106.55% since 2000. The growth rate for the price of a house in Pequot Lakes is much higher than the state average rate of 58.74% and is much higher than the national average rate of 50.42%. The median year that a house in Pequot Lakes was built is 1976, which is newer than the median year for a house built in the state which is 1973 and is about the same as the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 628 Owner Occupied Houses in Pequot Lakes, MN, #220
Pequot Lakes, MN
170,200 USD
Minnesota
206,200 USD
U.S.
188,400 USD
Median House Price Growth Since 2000, #110
Pequot Lakes, MN
106.55%
Minnesota
58.74%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

 Pequot Lakes, MN%MinnesotaU.S.
Total Housing Units1,392, see rank100%2,347,201131,704,730
Occupied Housing Units95568.61%, see rank88.92%88.62%
Owner Occupied59242.53%, see rank64.92%57.69%
Renter Occupied36326.08%, see rank24.00%30.93%
Vacant Housing Units43731.39%, see rank11.08%11.38%
For Rent705.03%, see rank2.05%3.14%
For Sale Only141.01%, see rank1.31%1.44%
Rented or Sold, Not Occupied20.14%, see rank0.40%0.48%
For Seasonal, Recreational, or Occasional Use31322.49%, see rank5.56%3.53%
For Migrant Workers00.00%, see rank0.01%0.02%
Other Vacant382.73%, see rank1.74%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #200
Pequot Lakes, MNMinnesotaU.S.
197619731975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

 Pequot Lakes, MN%MinnesotaU.S.
Owner-Occupied Units628100%1,548,12776,089,650
With a Mortgage35155.89%, see rank71.07%67.94%
Without a Mortgage27744.11%, see rank28.93%32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Pequot Lakes, MN
1,233 USD
Minnesota
1,549 USD
U.S.
1,524 USD

Owner Costs Distribution
Monthly Owner CostsPequot Lakes, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.20%0.22%
$300 to $49900.00%, see rank1.58%1.85%
$500 to $699226.27%, see rank4.09%5.39%
$700 to $9997822.22%, see rank12.18%14.41%
$1,000 to $1,49910830.77%, see rank29.17%27.08%
$1,500 to $1,9999226.21%, see rank25.45%19.94%
$2,000 to $2,999359.97%, see rank20.29%19.39%
$3,000 or More164.56%, see rank7.04%11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Pequot Lakes, MN
25.30% of the Total Income
Minnesota
24.40% of the Total Income
U.S.
25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Pequot Lakes, MN%MinnesotaU.S.
10% or Less00.00%, see rank4.66%4.85%
10% to 20%10329.34%, see rank29.78%28.90%
20% to 30%11332.19%, see rank31.38%28.42%
30% to 40%5816.52%, see rank15.82%15.27%
40% or More7721.94%, see rank18.12%22.15%

*Based on 2006-2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Pequot Lakes, MN
349 USD
Minnesota
441 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsPequot Lakes, MN%MinnesotaU.S.
$199 or Less5419.49%, see rank5.51%8.92%
$200 to $2994215.16%, see rank13.60%16.68%
$300 to $49913950.18%, see rank43.71%35.65%
$500 to $6994215.16%, see rank24.28%20.07%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Pequot Lakes, MN
11.10% of the Total Income
Minnesota
12.00% of the Total Income
U.S.
12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Pequot Lakes, MN%MinnesotaU.S.
10% or Less12645.49%, see rank41.69%38.92%
10% to 20%8932.13%, see rank32.07%31.98%
20% to 30%238.30%, see rank12.10%12.67%
30% to 40%51.81%, see rank5.37%5.90%
40% or More2810.11%, see rank8.19%9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Pequot Lakes, MN%MinnesotaU.S.
Total Housing Units1,487100%2,327,948130,038,080
1-unit, Detached96064.56%, see rank67.54%61.62%
1-unit, Attached261.75%, see rank7.15%5.74%
2 Units422.82%, see rank2.42%3.88%
3 or 4 Units00.00%, see rank2.10%4.47%
5 to 9 Units191.28%, see rank2.25%4.84%
10 or More Units37225.02%, see rank14.78%12.68%
Mobile Home, Boat, RV, Van, etc.684.57%, see rank3.75%6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

 Pequot Lakes, MN%MinnesotaU.S.
Total Housing Units1,487100%2,327,948130,038,080
1 Room00.00%, see rank1.27%1.59%
2 Rooms201.34%, see rank2.73%2.62%
3 Rooms42728.72%, see rank9.18%9.02%
4 Rooms34523.20%, see rank14.29%16.85%
5 Rooms23415.74%, see rank16.37%20.93%
6 Rooms1359.08%, see rank15.43%18.56%
7 Rooms1278.54%, see rank13.30%12.38%
8 Rooms996.66%, see rank11.09%8.39%
9 Rooms or More1006.72%, see rank16.34%9.65%
Median Rooms4.40, see rank-5.905.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

 Pequot Lakes, MN%MinnesotaU.S.
Total Housing Units1,487100%2,327,948130,038,080
No Bedroom00.00%, see rank1.49%1.84%
1 Bedroom30820.71%, see rank11.75%11.32%
2 Bedrooms59039.68%, see rank27.16%27.20%
3 Bedrooms35423.81%, see rank34.46%39.80%
4 Bedrooms22014.79%, see rank19.54%15.80%
5 or More Bedrooms151.01%, see rank5.60%4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

 Pequot Lakes, MN%MinnesotaU.S.
Total Housing Units1,131100%2,085,917114,235,996
Utility Gas55148.72%, see rank67.76%49.91%
Bottled, Tank, or LP Gas20918.48%, see rank10.24%5.38%
Electricity26823.70%, see rank14.01%34.20%
Fuel Oil, Kerosene, etc.343.01%, see rank3.79%7.07%
Coal or Coke00.00%, see rank0.03%0.12%
Wood474.16%, see rank2.43%1.97%
Solar Energy00.00%, see rank0.01%0.03%
Other Fuel90.80%, see rank1.18%0.42%
No Fuel Used131.15%, see rank0.54%0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalPequot Lakes, MN%MinnesotaU.S.
Occupied Units Paying Rent472100%512,39935,969,315
$199 or Less00.00%, see rank3.28%2.25%
$200 to $299214.45%, see rank5.31%3.41%
$300 to $4996613.98%, see rank11.31%9.80%
$500 to $69926355.72%, see rank21.90%19.41%
$700 to $9999319.70%, see rank33.00%29.88%
$1,000 to $1,499296.14%, see rank18.32%23.51%
$1,500 to $1,99900.00%, see rank5.05%7.56%
$2,000 or More00.00%, see rank1.82%4.16%
Median$557, see rank-$759$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

 Pequot Lakes, MN%MinnesotaU.S.
Occupied Housing Units1,131100%2,085,917114,235,996
No Vehicles Available16814.85%, see rank6.92%8.85%
1 Vehicles Available31427.76%, see rank30.07%33.28%
2 Vehicles Available47141.64%, see rank41.02%37.87%
3 or More Vehicles Available17815.74%, see rank21.99%20.00%

*Based on 2006-2010 data. View historical vehicle available data.


 
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